Opportunity Zone Funds
The Tax Cuts and Jobs Act of 2017 created Qualified Opportunity Zones (QOZs) to provide potentially significant tax benefits to investors who re-invest capital gains into long-term investments into communities designated for economic development. Investing along side Broadstreet through their targeted Detroit Opportunity Funds (individual assets or multi asset) will allow investors to defer federal taxes on any recent capital gains until December 31, 2026, reduce that tax payment by up to 15%, and pay as little as zero taxes on potential profits from an Opportunity Fund if the investment is held for 10 years. Contact us today to learn more about taking advantage of this once in a lifetime investment opportunity!